RadioShack (RSH) Files for Bankruptcy Protection; Reaches Agreement with Standard General (S)
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S&P Places 'D' Rating on RadioShack (RSH) Following Bankruptcy Filing
February 6, 2015 11:36 AM ESTStandard & Poor's Ratings Services today lowered its corporate credit rating on the Fort Worth, Texas-based RadioShack Corp. to 'D' from 'CCC-'. We also lowered all issue-level ratings on the company's debt issues to 'D'. The recovery ratings on the company's debt issues remain unchanged. The recovery rating on the... More
Sprint Corp. (S) Confirms Agreement with RadioShack's Lender
February 5, 2015 5:30 PM ESTAs part of RadioShacks recent bankruptcy filing, Sprint (NYSE: S) and General Wireless Inc., a subsidiary of Standard General LP, RadioShacks largest shareholder, have agreed in principle on terms that would allow Sprint to expand its branded store distribution by approximately 1,750 stores. The proposed transaction is part of the sale of a portion of RadioShacks assets and assignment... More
RadioShack (RSH) to sell 1,500-2,400 stores in bankruptcy deal with Sprint (S) - Bloomberg
February 5, 2015 4:42 PM ESTRadioShack (NYSE: RSH) to sell 1,500-2,400 stores in bankruptcy plan, according to Bloomberg headlines. To live on in bankruptcy deal with Sprint (NYSE: S). Plans 1,750 stores-within-store with Sprint.
... MoreSprint (S) CEO: Yes, We're Eying RadioShack (RSH) Real Estate
February 5, 2015 3:03 PM ESTSprint (NYSE: S) CEO Marcelo Claure affirmed the potential for a real estate deal with RadioShack (NYSE: RSH).
During a post-Q3 interview on Thursday, Claure commented, We're looking at RadioShack very closely, in terms of what's going to... More
RadioShack (RSH) Could File Bankruptcy as Soon as Today
February 5, 2015 8:56 AM ESTRadioShack (NYSE: RSH) is expected to file bankruptcy as soon as today, according to various reports.
... MoreAmazon.com (AMZN) May Bid for RadioShack (RSH) Locations
February 3, 2015 6:48 AM ESTAmazon.com (Nasdaq: AMZN) is mulling the possibility of purchasing some RadioShack (NYSE: RSH) locations as the electronics retailer moves toward a bankruptcy... More